Carrier Global Stock Quote and Investment Analysis

Carrier Global's stock quote can be a bit confusing, but let's break it down. The company's stock is traded on the New York Stock Exchange under the ticker symbol CARR.

Carrier Global is a leading global provider of healthy, safe, and sustainable building solutions. It was formed in 2020 through the separation of United Technologies Corporation into three independent companies.

Carrier Global's stock has been steadily rising over the years, with a market capitalization of over $20 billion. This makes it a significant player in the industrial sector.

Carrier Global's stock performance has been a mixed bag in recent years. The company's 1 year return is a respectable +20.97%, but its 5 year return is a more modest +83.67% for the S&P.

In the past year, Carrier Global's stock price has been more volatile, with a 1 week decline of -3.84% and a 1 month decline of -2.13%. However, its 1 year return has still managed to outpace the S&P's +22.93%.

Here are some key statistics on Carrier Global's stock performance over the past 5 years:

Carrier Global's stock has also been impacted by the company's 52-week high and low prices. The 52-week high is $83.32, which is 23.6% above the current share price, while the 52-week low is $53.13, which is 21.2% below the current share price.

Carrier stock has a market capitalization of over $20 billion, giving it a significant presence in the market.

Carrier's revenue has been steadily increasing over the past few years, with a notable spike in 2020 due to a surge in demand for air conditioning and heating units.

The company's net income has also seen a significant jump, reaching $1.1 billion in 2020, up from $800 million in 2019.

Carrier's operating margin has been consistently high, averaging around 12% over the past five years.

Carrier's cash flow from operations has been strong, with an average annual increase of 10% over the past decade.

The company's debt-to-equity ratio is relatively low, at around 0.5, indicating a healthy balance sheet.

Carrier Global Corporation is a global leader in heating, ventilating, and air conditioning (HVAC) technologies.

The company operates through three segments: HVAC, Refrigeration, and Fire & Security.

Carrier Global Corporation was incorporated in 2019.

It offers its products under various brands, including Carrier, Toshiba, and Kidde.

The company is headquartered in Palm Beach Gardens, Florida.

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC) technologies to residential and commercial customers.

Its products include air conditioners, heating systems, and heat pumps, as well as aftermarket components and repair services.

The company also offers building automation solutions and digital solutions for various industries.

Carrier Global Corporation's Fire & Security segment provides various residential, commercial, and industrial technologies, including fire and security service.

The company offers its products under the Autronica, Edwards, and LenelS2 brands.

Carrier's valuation metrics are telling us a story about its stock price. The current P/E ratio (without extraordinary items) is 36.326, which indicates that investors are willing to pay a premium for the company's shares.

Carrier's price to sales ratio is 2.218, which is relatively high compared to other companies in the industry. This could be a sign that the company's stock is overvalued.

Carrier's liquidity metrics are looking healthy, with a current ratio of 2.725 and a quick ratio of 2.404. This suggests that the company has a solid ability to pay its short-term debts.

Here's a brief summary of Carrier's valuation and liquidity metrics:

Valuation is a crucial aspect of investing, and it's essential to understand the different metrics used to determine a company's value.

The price-to-earnings (P/E) ratio is a widely used metric, and it can be calculated in different ways. CARR's P/E ratio without extraordinary items is 36.326, which is significantly higher than its P/E ratio with extraordinary items, indicating that the company's earnings are being affected by one-time events.

The price-to-sales (P/S) ratio is another important metric, and it's calculated by dividing the company's stock price by its revenue. CARR's P/S ratio is 2.218, which is relatively high compared to its industry average.

A high P/E ratio can indicate that a company's stock is overvalued, while a low P/E ratio can indicate that it's undervalued. For example, CARR's trailing P/E ratio is 40.98, which is higher than its forward P/E ratio of 23.04, suggesting that investors are expecting higher earnings in the future.

Here are some valuation metrics for CARR, including its price-to-earnings (P/E), price-to-sales (P/S), and enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratios:

The price-to-earnings growth (PEG) ratio is a more nuanced metric that takes into account a company's expected growth rate. CARR's PEG ratio is 1.28, which suggests that the company's stock is relatively undervalued compared to its growth prospects.

Liquidity is a crucial aspect of a company's financial health. A current ratio of 2.725 indicates that the company has sufficient liquid assets to cover its current liabilities.

The quick ratio of 2.404 suggests that the company's liquid assets are primarily in the form of accounts receivable and inventory, rather than cash. Cash is still an important component, but it's not the only one.

Cash ratio is a measure of the company's ability to pay its liabilities with its cash and cash equivalents. With a cash ratio of 1.454, the company has a moderate ability to do so.

Here's a summary of the liquidity ratios: